IGN: @skymaster200 Users Involved in this Contract: @bobman3355 General Purpose of Contract: The purpose of this contract is to loan @bobman3355 100k and to recieve 115k by tuesday (10-27-15) I (the contract initiator) agree to the following terms, and agree that my failure to complete such terms will result in a breach of contract, as outlined in Rule 3: *Give @bobman3355 100k within 30 min after the contract is approved. The other user(s) involved with this contract must agree to the following terms: *Agree to Pay the late fees if the money is returned late *Agree to pay back 115k in 1 week *If the amount of money specified (115k) is not Returned by the specified date (10/27/15 ) there will be a late fee of 10k per day for 2 weeks . if the loan is paid back during the late period all late fees aquireed up until that point will be due and if in 2 weeks after the deadline 10/27/15 all late fees stop and a user complaint will be filed. I agree that the terms in this contract are subject to all of EcoCityCraft's rules, including the rules listed specifically in this forum. I understand that the contract may be affected by future changes in EcoCityCraft rules and server updates, and I accept that due to the possibility of such changes, this contract may be at my own risk. I understand that the contents of this contract are subject to staff assessment, review and approval before it is a binding contract under EcoCityCraft rules. I accept that action may not be taken in case of a breach of contract if appropriate and sufficient evidence is not provided of such.: *I Agree
IGN: @bobman3355 I, as another party to this contract, agree to the terms laid out for me to uphold, and understand that failure to complete such terms will result in a breach of contract: yes
Before I can approve this contract there's something I need you to change @skymaster200. Please change this: to something among the lines of 'The late fees will end after everything owed up until that point has been payed off. If there has been no payment for 2 weeks of this a report will be made and late fees will end.' This is very important, and will close up a large loophole I've spotted. @bobman3355 after @skymaster200 has made this change you will need to reagree to the contract.
IGN: @bobman3355 I, as another party to this contract, agree to the terms laid out for me to uphold, and understand that failure to complete such terms will result in a breach of contract: yes
Sorry again guys, but after some discussion with the team @skymaster200 we would like you to edit it to this: If the amount of money specified (115k) is not Returned by the specified date (10/27/15 ) there will be a late fee of 10k per day for 2 weeks . if the loan is paid back during the late period all late fees aquireed up until that point will be due and if in 2 weeks after the deadline 10/27/15 all late fees stop and a user complaint will be filed. After he has made this change you will have to reagree @bobman3355 (This is the last edit I promise)
IGN: @bobman3355 I, as another party to this contract, agree to the terms laid out for me to uphold, and understand that failure to complete such terms will result in a breach of contract: yes
Thanks for all the patients guys! Remember to take screenshots of all transactions when needed. Approved
